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VOEST - Vereinigte Österreichische Stahlwerke AG (United Austrian Iron and Steel Works)

VÖEST – Vereinigte Österreichische Eisen- und Stahlwerke AG
(United Austrian Iron and Steel Works)

The letters „VÖEST“ mean Vereinigte Österreichische Eisen- und Stahlwerke AG. If you translate these words literally it is United Austrian Iron and Steel Works Inc.

The listed voestalpine AG based in Linz (Upper Austria) is the Group holding. The voestalpine Group is one of the largest industrial undertakings in Austria and employs a work force of around 17,000. Sales in the past financial year was about EUR 4.4 billions. The Group is developing into a processing enterprise on the basis of its core competence in steel.

The voestalpine Group is divided in four divisions, namely:
· voestalpine Stahl Division
· voestalpine Railway Systems Division
· voestalpine Profilform Division
· voestalpine motion division

The VÖEST supplies a lot of branches, for example 26% of its sales derive from automotive industry. Other branches which are supplie...

Posted by: Arianna Escobar

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